{"id":3784,"date":"2022-05-24T15:04:00","date_gmt":"2022-05-24T14:04:00","guid":{"rendered":"https:\/\/finseta.com\/?p=3784"},"modified":"2022-08-08T11:16:59","modified_gmt":"2022-08-08T10:16:59","slug":"the-new-australian-government-and-the-aud","status":"publish","type":"post","link":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/","title":{"rendered":"The new Australian Government and the AUD"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3784\" class=\"elementor elementor-3784\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-70d4aaaa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"70d4aaaa\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1089e759\" data-id=\"1089e759\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3a08d32b elementor-widget elementor-widget-spacer\" data-id=\"3a08d32b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4466b0c5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4466b0c5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5ed14806\" data-id=\"5ed14806\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-71a048f0 elementor-widget elementor-widget-text-editor\" data-id=\"71a048f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"graf graf--p\">On Saturday, Australians went to the polls and for the first time 10 years changed their Government.<\/p><p class=\"graf graf--p\">On Sunday then PM and Liberal Party leader Scott Morrison acknowledged defeat and on Monday the Labor leader Anthony Albanese was sworn into office as Australia\u2019s new Prime Minister. He pretty much straight away flew to Japan (pictured above) to meet the leaders of the \u2018Quad\u2019 (<a href=\"https:\/\/finseta.com\/knowledge-hub\/country-profiles\/japan\/\">Japan<\/a>, India, <a href=\"https:\/\/finseta.com\/knowledge-hub\/country-profiles\/australia\/\">Australia<\/a> and the <a href=\"https:\/\/finseta.com\/knowledge-hub\/country-profiles\/united-states\/\">USA<\/a>.)<\/p><p class=\"graf graf--p\">At the time of writing, it\u2019s still not 100% clear if the new PM will have a majority in Australia\u2019s House of Representatives, there are still a handful of seats to declare and Labor is still a couple short.<\/p><p class=\"graf graf--p\">What is clear though is that Australians voted for change. The opinion polls turned out the be right in this election and therefore the currency markets saw virtually no movement despite a change in government. The same goes for the stock markets which had factored in a Labor win and change of government.<\/p><p class=\"graf graf--p\">The new government will bring a leftward shift in economic and business policy over the coming years, most significantly in the areas of climate and energy (detailed below.)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ad28007 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ad28007\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-69d61df4\" data-id=\"69d61df4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-160f6b24 elementor-widget elementor-widget-spacer\" data-id=\"160f6b24\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4ad46396 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4ad46396\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-199f5efe\" data-id=\"199f5efe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-599da9f1 elementor-widget elementor-widget-image\" data-id=\"599da9f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/the-house-of-representatives-1024x683.jpg\" class=\"attachment-large size-large wp-image-3751\" alt=\"The House of Representatives\" srcset=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/the-house-of-representatives-1024x683.jpg 1024w, https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/the-house-of-representatives-300x200.jpg 300w, https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/the-house-of-representatives-768x512.jpg 768w, https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/the-house-of-representatives-1536x1024.jpg 1536w, https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/the-house-of-representatives.jpg 1620w\" sizes=\"(max-width: 800px) 100vw, 800px\" data-attachment-id=\"3751\" data-permalink=\"https:\/\/finseta.com\/the-house-of-representatives\/\" data-orig-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/the-house-of-representatives.jpg\" data-orig-size=\"1620,1080\" data-comments-opened=\"1\" data-image-title=\"The House of Representatives\" data-image-description=\"&lt;p&gt;The House of Representatives&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The House of Representatives&lt;\/p&gt;\n\" data-large-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/the-house-of-representatives-1024x683.jpg\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">(The Chamber of the Australian House of Representatives))<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5fdb2576\" data-id=\"5fdb2576\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-47fa9d4c elementor-widget elementor-widget-heading\" data-id=\"47fa9d4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A new approach to energy, industrial and climate\u00a0policy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2187ed26 elementor-widget elementor-widget-text-editor\" data-id=\"2187ed26\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"graf graf--p\">For many years now Australia has been in the grip of what many have dubbed \u2018the climate wars.\u2019 The country\u2019s coal mines are rich, yet its open spaces and sunny weather also make it ideal for solar and wind power.<\/p><p class=\"graf graf--p\">What type of country Australia wants to be has been up for debate for years now. Out of all western countries, Australia is the most reliant on coal and this industry has a special place in the heart of many Australian communities. This has made discussion on energy, industrial and climate policy pretty toxic. Nothing sums this up more than the recent images of the then PM Scott Morrison brandishing a physical lump of coal in the House of Representatives chamber during a debate.<\/p><p class=\"graf graf--p\">This election seems to put an end to this toxic debate though, the pro-coal parties have been squeezed by both Labor, the Greens and a raft of right-leaning yet pro-climate policy independents.<\/p><p class=\"graf graf--p\">Despite having pretty moderate energy, industrial and climate policies, if Labor fails to secure a working majority we can expect it to be pushed into taking even stronger steps by both the Greens and \u2018Teal independents\u2019 as a price for supporting the government.<\/p><p class=\"graf graf--p\">Many businesses will be watching this carefully to see what any new regulatory impacts may be.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1eaecbdc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1eaecbdc\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c4c58c2\" data-id=\"7c4c58c2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-397881f4 elementor-widget elementor-widget-spacer\" data-id=\"397881f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5f8b3b8e elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f8b3b8e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-34e728fd\" data-id=\"34e728fd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d55ce67 elementor-widget elementor-widget-heading\" data-id=\"d55ce67\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A poisoned\u00a0chalice?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-697a454c elementor-widget elementor-widget-text-editor\" data-id=\"697a454c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"graf graf--p\">One of the key reasons for the Liberals being kicked out was that like in most other western nations, Australia is undergoing a cost of living crisis. Inflation currently sits at over 5% and is only expected to get higher.<\/p>\n<p class=\"graf graf--p\">Prices are rising, wages aren\u2019t keeping up and people are generally pessimistic and gloomy about the future.<\/p>\n<p class=\"graf graf--p\">People will be watching closely to see what direct action they take to try and stem rising prices. The new Treasurer has got a huge job on their hands to see Australia back to prosperity in the coming years!<\/p>\n<p><\/p>\n<p><strong>Note- Post feature image copyright: \u9996\u76f8\u5b98\u90b8, CC BY 4.0, via Wikimedia Commons<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-683e025a\" data-id=\"683e025a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-78609d61 elementor-widget elementor-widget-image\" data-id=\"78609d61\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/shaun-low-g1fTtCjszM4-unsplash-1024x683.jpg\" class=\"attachment-large size-large wp-image-3753\" alt=\"\" srcset=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/shaun-low-g1fTtCjszM4-unsplash-1024x683.jpg 1024w, https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/shaun-low-g1fTtCjszM4-unsplash-300x200.jpg 300w, https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/shaun-low-g1fTtCjszM4-unsplash-768x512.jpg 768w, https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/shaun-low-g1fTtCjszM4-unsplash-1536x1024.jpg 1536w, https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/shaun-low-g1fTtCjszM4-unsplash.jpg 1620w\" sizes=\"(max-width: 800px) 100vw, 800px\" data-attachment-id=\"3753\" data-permalink=\"https:\/\/finseta.com\/shaun-low-g1fttcjszm4-unsplash\/\" data-orig-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/shaun-low-g1fTtCjszM4-unsplash.jpg\" data-orig-size=\"1620,1080\" data-comments-opened=\"1\" data-image-title=\"shaun-low-g1fTtCjszM4-unsplash\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/shaun-low-g1fTtCjszM4-unsplash-1024x683.jpg\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">(Downton Melbourne)<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-59654de9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"59654de9\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-110096c1\" data-id=\"110096c1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dbff5f0 elementor-widget elementor-widget-spacer\" data-id=\"dbff5f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>On Saturday, Australians went to the polls and for the first time 10 years changed their Government. On Sunday then PM and Liberal Party leader Scott Morrison acknowledged defeat and on Monday the Labor leader Anthony Albanese was sworn into office as Australia\u2019s new Prime Minister. He pretty much straight away flew to Japan (pictured [&hellip;]<\/p>\n","protected":false},"author":221728552,"featured_media":3812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[1370],"tags":[1485,1413],"class_list":["post-3784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-aud","tag-australia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The new Australian Government and the AUD - Finseta<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The new Australian Government and the AUD - Finseta\" \/>\n<meta property=\"og:description\" content=\"On Saturday, Australians went to the polls and for the first time 10 years changed their Government. On Sunday then PM and Liberal Party leader Scott Morrison acknowledged defeat and on Monday the Labor leader Anthony Albanese was sworn into office as Australia\u2019s new Prime Minister. He pretty much straight away flew to Japan (pictured [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/\" \/>\n<meta property=\"og:site_name\" content=\"Finseta\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-24T14:04:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-08T10:16:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/Blog-Imagery2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"csfsbrand\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@_Finseta\" \/>\n<meta name=\"twitter:site\" content=\"@_Finseta\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"csfsbrand\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/\"},\"author\":{\"name\":\"csfsbrand\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#\\\/schema\\\/person\\\/7501b70aa45e8eeb970ec6f2d7ef30b9\"},\"headline\":\"The new Australian Government and the AUD\",\"datePublished\":\"2022-05-24T14:04:00+00:00\",\"dateModified\":\"2022-08-08T10:16:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/\"},\"wordCount\":541,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/finseta.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Blog-Imagery2.png\",\"keywords\":[\"AUD\",\"Australia\"],\"articleSection\":[\"Blog\"],\"inLanguage\":\"ae-en\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/\",\"url\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/\",\"name\":\"The new Australian Government and the AUD - Finseta\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/finseta.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Blog-Imagery2.png\",\"datePublished\":\"2022-05-24T14:04:00+00:00\",\"dateModified\":\"2022-08-08T10:16:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/#breadcrumb\"},\"inLanguage\":\"ae-en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ae-en\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/#primaryimage\",\"url\":\"https:\\\/\\\/finseta.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Blog-Imagery2.png\",\"contentUrl\":\"https:\\\/\\\/finseta.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Blog-Imagery2.png\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/the-new-australian-government-and-the-aud\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The new Australian Government and the AUD\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#website\",\"url\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/\",\"name\":\"Finseta\",\"description\":\"Making it easier to do business across borders\",\"publisher\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ae-en\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#organization\",\"name\":\"Finseta\",\"url\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ae-en\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/finseta.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Finseta-Dk-1-1.png\",\"contentUrl\":\"https:\\\/\\\/finseta.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Finseta-Dk-1-1.png\",\"width\":5317,\"height\":1687,\"caption\":\"Finseta\"},\"image\":{\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/_Finseta\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/finseta1\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/#\\\/schema\\\/person\\\/7501b70aa45e8eeb970ec6f2d7ef30b9\",\"name\":\"csfsbrand\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ae-en\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/13a4f991dc244a6ee53713dc8387115f1ef4c81cb7d5865bd702996c128d7273?s=96&d=identicon&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/13a4f991dc244a6ee53713dc8387115f1ef4c81cb7d5865bd702996c128d7273?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/13a4f991dc244a6ee53713dc8387115f1ef4c81cb7d5865bd702996c128d7273?s=96&d=identicon&r=g\",\"caption\":\"csfsbrand\"},\"url\":\"https:\\\/\\\/finseta.com\\\/ae-en\\\/author\\\/csfsbrand\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The new Australian Government and the AUD - Finseta","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/","og_locale":"en_US","og_type":"article","og_title":"The new Australian Government and the AUD - Finseta","og_description":"On Saturday, Australians went to the polls and for the first time 10 years changed their Government. On Sunday then PM and Liberal Party leader Scott Morrison acknowledged defeat and on Monday the Labor leader Anthony Albanese was sworn into office as Australia\u2019s new Prime Minister. He pretty much straight away flew to Japan (pictured [&hellip;]","og_url":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/","og_site_name":"Finseta","article_published_time":"2022-05-24T14:04:00+00:00","article_modified_time":"2022-08-08T10:16:59+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/Blog-Imagery2.png","type":"image\/png"}],"author":"csfsbrand","twitter_card":"summary_large_image","twitter_creator":"@_Finseta","twitter_site":"@_Finseta","twitter_misc":{"Written by":"csfsbrand","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/#article","isPartOf":{"@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/"},"author":{"name":"csfsbrand","@id":"https:\/\/finseta.com\/ae-en\/#\/schema\/person\/7501b70aa45e8eeb970ec6f2d7ef30b9"},"headline":"The new Australian Government and the AUD","datePublished":"2022-05-24T14:04:00+00:00","dateModified":"2022-08-08T10:16:59+00:00","mainEntityOfPage":{"@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/"},"wordCount":541,"commentCount":0,"publisher":{"@id":"https:\/\/finseta.com\/ae-en\/#organization"},"image":{"@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/#primaryimage"},"thumbnailUrl":"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/Blog-Imagery2.png","keywords":["AUD","Australia"],"articleSection":["Blog"],"inLanguage":"ae-en","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/","url":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/","name":"The new Australian Government and the AUD - Finseta","isPartOf":{"@id":"https:\/\/finseta.com\/ae-en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/#primaryimage"},"image":{"@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/#primaryimage"},"thumbnailUrl":"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/Blog-Imagery2.png","datePublished":"2022-05-24T14:04:00+00:00","dateModified":"2022-08-08T10:16:59+00:00","breadcrumb":{"@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/#breadcrumb"},"inLanguage":"ae-en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/"]}]},{"@type":"ImageObject","inLanguage":"ae-en","@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/#primaryimage","url":"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/Blog-Imagery2.png","contentUrl":"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/Blog-Imagery2.png","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/finseta.com\/ae-en\/the-new-australian-government-and-the-aud\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/finseta.com\/ae-en\/"},{"@type":"ListItem","position":2,"name":"The new Australian Government and the AUD"}]},{"@type":"WebSite","@id":"https:\/\/finseta.com\/ae-en\/#website","url":"https:\/\/finseta.com\/ae-en\/","name":"Finseta","description":"Making it easier to do business across borders","publisher":{"@id":"https:\/\/finseta.com\/ae-en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/finseta.com\/ae-en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ae-en"},{"@type":"Organization","@id":"https:\/\/finseta.com\/ae-en\/#organization","name":"Finseta","url":"https:\/\/finseta.com\/ae-en\/","logo":{"@type":"ImageObject","inLanguage":"ae-en","@id":"https:\/\/finseta.com\/ae-en\/#\/schema\/logo\/image\/","url":"https:\/\/finseta.com\/wp-content\/uploads\/2024\/04\/Finseta-Dk-1-1.png","contentUrl":"https:\/\/finseta.com\/wp-content\/uploads\/2024\/04\/Finseta-Dk-1-1.png","width":5317,"height":1687,"caption":"Finseta"},"image":{"@id":"https:\/\/finseta.com\/ae-en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/_Finseta","https:\/\/www.linkedin.com\/company\/finseta1"]},{"@type":"Person","@id":"https:\/\/finseta.com\/ae-en\/#\/schema\/person\/7501b70aa45e8eeb970ec6f2d7ef30b9","name":"csfsbrand","image":{"@type":"ImageObject","inLanguage":"ae-en","@id":"https:\/\/secure.gravatar.com\/avatar\/13a4f991dc244a6ee53713dc8387115f1ef4c81cb7d5865bd702996c128d7273?s=96&d=identicon&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/13a4f991dc244a6ee53713dc8387115f1ef4c81cb7d5865bd702996c128d7273?s=96&d=identicon&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13a4f991dc244a6ee53713dc8387115f1ef4c81cb7d5865bd702996c128d7273?s=96&d=identicon&r=g","caption":"csfsbrand"},"url":"https:\/\/finseta.com\/ae-en\/author\/csfsbrand\/"}]}},"jetpack_publicize_connections":[],"jetpack_likes_enabled":false,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdZVCA-Z2","jetpack_featured_media_url":"https:\/\/finseta.com\/wp-content\/uploads\/2022\/05\/Blog-Imagery2.png","_links":{"self":[{"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/posts\/3784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/users\/221728552"}],"replies":[{"embeddable":true,"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/comments?post=3784"}],"version-history":[{"count":0,"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/posts\/3784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/media\/3812"}],"wp:attachment":[{"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/media?parent=3784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/categories?post=3784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finseta.com\/ae-en\/wp-json\/wp\/v2\/tags?post=3784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}